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Vol. 42, No. 50

Dec. 16, 2002

WestchesterCountyBusinessJournal.com
 

 Top Local Business News  

 
With lots of love, entrepreneur builds food service
With just a small loan, a little bit of personal savings and a whole lot of heart for the business he loves best, entrepreneur Peter Herrero Jr. turned a small restaurant on Gedney Way in White Plains into a multimillion dollar food empire.
FULL STORY

IBM ending presence in office tower
Armonk-based IBM Corp. plans to sublet three full floors totaling 126,399 square feet at a White Plains office tower, ending nearly a quarter-century presence at Westchester One.
FULL STORY

$18M renovation starts at Peekskill retail center
An $18 million renovation highlighted by a new supermarket and a rebuilt chain pharmacy are in store for the Beach Shopping Center in Peekskill...
FULL STORY

Panel: Capitalize on your ideas by protecting them
The sooner and more forcefully businesses and institutions protect their patents, research and other intellectual property (IP), the more likely they are to capitalize on it and generate more of it...
FULL STORY 

Investment firm chief predicts modest growth
Wall Street has been on a roller-coaster ride. The last pillar of the 1990s’ booming economy — the housing sector — is showing signs of cracking.
FULL STORY

Affordable housing in Chappaqua? No
Westchester’s largest affordable housing proposal has been withdrawn by its developers, who said their plan for 125 homes... FULL STORY

The Galleria fills a gap for new owner Mills Corp.
By snapping up The Galleria in White Plains and a mall in New Jersey, The Mills Corp. accomplished by acquisition what it could not achieve from the ground up —gain a foothold in the metropolitan area.
FULL STORY

New York-Presbyterian asks for clarifications
The New York-Presbyterian Hospital and White Plains officials have begun talks intended largely to clarify how closely the hospital can collaborate with corporations and institutions in its...
FULL STORY

Chamber offers plans to insure sole proprietors
Sole proprietors who belong to The County Chamber of Commerce Inc. next year will have the chance to benefit from a new state law intended to lower their insurance costs.
FULL STORY

Site offers apartments for rent
Would-be renters and other observers of Westchester’s rental apartment market have a new tool at their disposal... FULL STORY

Will Sarbenes-Oxley slow acquisitions?
A slowdown in mergers and acquisitions on the part of publicly held companies might be an unintended consequence of the Sarbenes-Oxley accounting reform legislation... FULL STORY

 

Focus: Health Care And Benefits, Insurance, Education and Training, Placement Services
 
 
Businesses face double-digit premium increases
Westchester County businesses are facing another year of double-digit insurance rate increases in 2003, although rates for some business sectors may be less than this year’s.
FULL STORY

Westchester companies struggle with health care costs
For the second year in a row, employers were hit with double-digit increases for their group health insurance plans, and the prospect for relief anytime soon isn’t in the cards.
FULL STORY

Federal law mandates terrorism coverage
The big insurance event of 2002 wasn’t continuing double-digit increases for commercial insurance premiums...
FULL STORY

Talking your way to the top
What you say and how you say it can make or break your image at the office, according to a survey by OfficeTeam.
FULL STORY

Administrative professionals’ starting pay to fall in 2003
Average starting salaries for administrative professionals will continue to stabilize in 2003, according to the OfficeTeam 2003 Salary Guide.
FULL STORY

Interview blunders can close the door
Job seekers typically research what they should do during an interview. But knowing what not to do is an equally valuable lesson.
FULL STORY

Hospitals should consider strategic flexibility
Health care executives making capital investment decisions should consider the value created by the flexibility of embedded options...
FULL STORY

Medicines can save money and lives
It’s well known that medicines save lives and improve quality of life. But medicines can also save money...
FULL STORY

Labor shortage could impact patient care
Chief executive officers of hospitals across the country expect their razor-thin profit margins to improve over the next five years from a...
FULL STORY
  

 Issues @ Work  
 
Lawyers see lawsuits for cell phones
Wireless phones — not very long ago the province of only the very rich for use in their limousines — have now become not only commonplace but an indispensable tool for business in Westchester and elsewhere. FULL STORY

Maintaining morale by handling layoffs humanely
It is generally agreed that there is no easy way to handle personnel layoffs. Horror stories are the mainstay — people being marched to the door...
FULL STORY

 

 Profits & Passions  
 
A strong work ethic and passion for golf
C
ertified at being able to type at 260 words a minute, Debra A. Levinson has some of the fastest fingers east of the Mississippi. But this high-energy founder and owner of Dalco Reporting Inc. FULL STORY
 
 Viewpoint | Looking Inside | The FLY  
 
Business Hall of Fame: County is real winner
Getting inducted into the Westchester Business Hall of Fame is certainly a good thing for the inductees. It’s also a source of satisfaction for those who nominate the winners of awards in the Hall of Fame’s five categories...
FULL STORY

‘I am away from my desk, but...’
A few years ago voice mail seemed to be an excellent way of reducing expenses and making phone answering more efficient.
FULL STORY

’Twas the week before Christmas…
T
was the week before Christmas 2002.
So with couplets of verse both ironic and true,
Here’s a take on this past year, no less and no more,
all done in the cadence of Clement C. Moore.
FULL STORY

 

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Published weekly by Westfair Communications, Inc.
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Publisher, Dee DelBello
Associate Publisher/Sales, Barbara Stewart Hanlon

EDITORIAL 
Editor-In-Chief, Alex Philippidis
Managing Editor, B.Z. Khasru
Fairfield County Editor
, Dan Strempel
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